The Trump administration just killed the Broadcom Ltd. (Nasdaq: AVGO)-Qualcomm Inc. (Nasdaq: QCOM) deal – which would have been the largest tech merger ever.
You might think Michael’s best “Buy” in the tech space right now is one or both of those chip giants now that the dust has settled. Instead, his thoughts have turned to the Chinese steel tariffs – and finding companies insulated from the resulting fallout.
After doing his research, he’s turned up two American cloud-based software companies whose products are “immune from all that.” Both keep on reporting higher and higher earnings – and, Michael says, “have a long runway for share-price growth.”
Michael revealed these two picks – his best tech “Buys” right now – last night on CNBC’s Street Signs…